2008.09.02 CC Minutes - Laserfiche WebLink

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City Council Meeting of September 2, 2008 Page 4 of 5 statements include other taxing jurisdictions such as the school, watershed districts, and Washington County. Haas made motion, Petryk seconded, to adopt RESOLUTION 2008-41 APPROVING PRELIMINARY TAX LEVY PAYABLE IN 2009, and schedule the Truth in Taxation hearing for December 1, 2008 and adopt the final budget and tax levy on December 15, 2008. Upon roll call voting Aye: Puleo, Petryk, Granger, Haas, Miron Voting Nay: None. Motion carried. Haas made motion, Granger seconded, to schedule a budget workshop for Friday, September 12 at approximately 9:45 a.m., following the interviews for the Public Works Director. All Aye. Motion carried. HBA Tree Planting on September 11, 2008 at Oneka Heritage Park City staff was contacted by the Hugo Business Association who would like to commemorate and remember Nate Prindle and the Prindle family on their loss in the May 25, 2008 tornado disaster as well as the soldiers who have served in the military. Specifically, the Hugo Business Association would like City approval for the planting of two trees on September 11, 2008 in Heritage Ponds Park, located at Empress Avenue North. As it did in 2007, they would like to commemorate and remember the Prindle Family on September 11, 2008 as well as the memory of the attack on America by Al-Qaeda extremists on September 11, 2001. Deb Johnson from the Hugo Business Association was present at the meeting and explained a pine tree would be planted in honor of those who fought and were fighting in Iraqi, and it was undecided what type of tree would be planted in memory on Nate. The Mayor thanked Deb for her leadership. Puleo made motion, Granger seconded, to approve the planting of two trees in Heritage Park on September 11, 2008. Mayor Fran Miron made a friendly amendment to the motion to direct staff to notice the tree planting as a meeting to allow Council attendance. All Aye. Motion carried. Council Presentation - Letters of Credit Council Member Haas brought up the discussion on Letters of Credit and what type of guarantee was provided to insure the City would be able to collect on them. Finance Director Ron Otkin said the City had discretion in the development agreement to decide what would be an adequate guarantee, and he suggested the ranking of the bank be used to establish which financial institutions the City would accept a letter of credit from. Haas made motion, Granger seconded, to direct staff to provide a recommendation to the Council on